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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Post by Urbanion Feb 24, 2021 10:33am
145 Views
Post# 32646289

BNXA

BNXA
NC vs BNXA

NC - The Company recorded $8.2 million in transactions for the month of January of 2021.

BNXA - a Payment Service Provider (PSP) (purchases and sales of cryptocurrency)for the digital asset industry announced record $53.7m Total Transaction Value (TTV) growth for January 2021.

JANUARY 2021   NC     $8.2 Million

JANUARY 2021 BNXA  $53.7 Million

NC - $257,000 last quarter in revenue on $8.2 million

BNXA - _____ this quarter in revenue on (low end $160 million)

Both are about same in % take a look at Sedar. BNXA is ahead of them as BNXA does more Business transactions.

160 million divided by 8.2 Million is 19 times more BNXA is doing in Transactions. Base on numbers public

$257,000 in revenues times 19 is

$4.88 Million for BNXA for quarter at end of January point in time. ... for a quarter.

BNXA is getting into VYGR territory ... Annuallized $20 Million CAN or $16 Million US Revenue AT January point in time....

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